Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Ethereum
SEC Halts Ethereum Lawsuit, XRP Community Outraged
XRP community criticizes SEC for unequal treatment compared to Ethereum. SEC’s suspension of Ethereum lawsuit sparks debate over crypto regulation fairness. The US Securities and Exchange Commission (SEC) chose to put on hold its lawsuit contesting Ethereum’s security status just before the spot Ethereum ETF’s approval. The SEC is also closed investigation into Ethereum 2.0, as previously reported by ETHNews. The XRP community, which has openly blasted the SEC for its biassed approach, has not been pleased with the outcome,…
1 year ago
Bitcoin Trader Warns of Devastating Crypto Cash In 10 Days, but This Ethereum Token Will Stay Afloat
The post Bitcoin Trader Warns of Devastating Crypto Cash In 10 Days, but This Ethereum Token Will Stay Afloat appeared first on Coinpedia Fintech News Bitcoin (BTC) exerts significant influence on the rest of the crypto market, and its current bearish slump is taking its toll on top altcoins. The general sentiment on Bitcoin is undecided, but smart money traders are already bearish. The general greed counters their bearish sentiments to buy the dip in BTC from other investors. Bitcoin…
1 year ago
Altcoins at the ‘Best-Buy’ Levels: Here are the Tokens to Pick Before the Spot Ethereum ETF Starts Trading
The post Altcoins at the ‘Best-Buy’ Levels: Here are the Tokens to Pick Before the Spot Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News The crypto markets began the day on a positive note, with the SEC withdrawing their investigation into Ethereum 2.0. While Ethereum and Ethereum-based tokens have gained momentum, the other altcoins also seem to have geared up. The SEC has advanced a step ahead towards the acceptance of ETF and highlighted Ethereum as a ‘Commodity’. …
1 year ago
Why Ethereum and Solana ETFs Are Game Changers and How Furrever Token’s Referral System Adds Extra Benefits
The post Why Ethereum and Solana ETFs Are Game Changers and How Furrever Token’s Referral System Adds Extra Benefits appeared first on Coinpedia Fintech News The world of digital currencies is changing. Ethereum and Solana are leading this change with their new ETFs. These products are making it easier for big institutions to use digital money. At the same time, they’re making digital money more normal for everyone else. In the middle of all this change, Furrever Token is doing…
1 year ago
SEC Drops Ethereum (ETH) Investigation In Major Win For Crypto
The United States Securities and Exchange Commission is dropping its investigation into whether ETH is a security, which is a major win for the crypto industry. The Securities and Exchange Commission’s decision came after Consensys sent the commission a letter requesting clarification on Ether’s category in the approval of spot Ethereum ETFs. SEC Closes Investigation Into Ethereum The decision was announced by Consensys, with the company stating that the Securities and Exchange Commission’s Enforcement Division had notified the company it…
1 year ago
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EthereumExploring Vitalik’s Original Ethereum Scaling Vision at PlasmaCon
Source: Depositphotos While the crypto sector has made immense strides over the last couple of years, concerns surrounding its overall scalability and privacy have continued to persist. To this point, even though Ethereum, the world’s second-largest crypto network by market cap, has grown and garnered widespread adoption, critics have repeatedly pointed out the need for efficient and secure scaling solutions to help the project reach its true potential. Enter PlasmaCon, an upcoming event organized by INTMAX, a cutting-edge Layer 2…
1 year ago
Crypto Market Surge As Ethereum (ETH) Delcared As Commodity By SEC, Ends Investigation!
The post Crypto Market Surge As Ethereum (ETH) Delcared As Commodity By SEC, Ends Investigation! appeared first on Coinpedia Fintech News Despite the market leader, the BTC price recorded a correction of 0.51% within the past day, the Ethereum token has surged 3.26% in valuation following the conclusion of the ongoing investigation by the SEC. Furthermore, top Ethereum-based tokens have displayed a similar trend by adding significant valuation in their respective portfolio. Notably, at the time of writing, the price…
1 year ago
Ethereum Price Prediction: Will ETH Price Hit $4,000 In June?
The post Ethereum Price Prediction: Will ETH Price Hit $4,000 In June? appeared first on Coinpedia Fintech News With a sudden price jump, Ethereum spearheads the next phase of an uptrend in the altcoins. As the ETH price jumps by 2.30%, the top altcoins and especially meme coins display massive recovery today. The intraday recovery action after a bearish patch reveals a potential trend reversal entry opportunity. With sideline traders ready to buy the dip, the bull run can continue…
1 year ago
Ethereum Outperforms Bitcoin: Jumps Amid Market Divergence
Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance. Ethereum is gaining pace from the key $3,365 support zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $3,460 on the hourly chart of ETH/USD (data feed via Kraken). The pair formed a double-bottom pattern and gained pace above the…
1 year ago